Set up a probability model (or probability distribution) to correctly illustrate the problem. Show how to use the probability model with the expected value formula to get your solution

(1 point)A rock concert producer has scheduled an outdoor concert. The producer estimates the attendance will depend on the weather according to the following table. Weather Attendance Probability wet, oold 5000 0.1 wet, warm 20000 0.2 dry, cold 30000 0.1 dry, warm 40000 0.6 (a) What is the expected attendance? BHS'WEII 31 500 (D) If tickets cost $ 15 each, the band will cost $ 150000, plus $ 45000 for administration. What is the expected prot? answer: ETTSOO